Homework Answers
The optimal strategy is to close interger to 2/3x . where x is in an integer.
X has to be less than 100 , so that player's optimal strategy has to be no more than 67.
if X is no more than 67 , players optimal strategy has be to no more than 2/3 *67...
If X is no 2/3*67, the optimal strategy of any player has to be no more than (2/3)2 *67.
iterating , unique nash eqm of this game is for every player to announce 1.
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2. Consider the Keynesian Beauty contest we studied in class. (Recall that in this version, as...
3. On the first day of class we played the beauty contest in which n players...
3. On the first day of class we played the beauty contest in which n players submitted a number in the interval [0, 10 and the player closest to won (with ties broke by randomization). Here š denotes the average strategy played 3 (a) What strategies survive iterative deletion of strictly dominated strategies? (b) What are the Nash equiliburia of the game?
Exercise 3: In class we discussed the Nash Equilibrium solution concept and how it is useful...
Exercise 3: In class we discussed the Nash Equilibrium solution concept and how it is useful to eliminate non-rational behavior, but with the disadvantage of not necessarily leading to a unique solution. One possible refinement that can be considered is the following: "If more than one Nash Equilibrium exist, but one of them makes every player better off than under the other Nash Equilibria, then surely that is the Nash Equilibrium that will be played." Consider playing the following simultaneous...
Recall how we saw in class that if we add a total time derivative of a...
Recall how we saw in class that if we add a total time derivative of a function g(g; t) on configuration space to the Lagrangian then the equations of motion were unaffected, i.e. the new Lagrangian gives the same Euler-Lagrange equations as the original Lagrangian L. The reason this worked was that the action only shifted by a boundary term, which doesn't affect the extremization procedure We have also seen that if q is a cyclic coordinate, meaning aL/aq0, then...
Consider a game between a police officer (player 3) and two drivers (players 1 and 2)....
Consider a game between a police officer (player 3) and two drivers (players 1 and 2). Player 1 lives and drives in Wynwood, whereas player 2 lives and drives in Sweetwater. On a given day, players 1 and 2 each have to decide whether or not to use their cell phones while driving. They are not friends, so they will not be calling each other. Thus, whether player 1 uses a cell phone is independent of whether player 2 uses...
1. Consider the coupon game. But suppose that instead of decisions being made simultaneously, they are made sequentially, with Firm 1 choosing first, and its choice observed by Firm 2 before Firm 2 ma...
1. Consider the coupon game. But suppose that instead of
decisions being made simultaneously, they are made sequentially,
with Firm 1 choosing first, and its choice observed by Firm 2
before Firm 2 makes its choice.
a. Draw a game tree representing this game.
b. Use backward induction to find the solution. (Remember that
your solution should include both firms’ strategies, and that Firm
2’s strategy should be complete!)
2. Two duopolists produce a homogeneous product, and each has a...
2. Consider a mass m moving in R3 without friction. It is fasten tightly at one...
2. Consider a mass m moving in R3 without friction. It is fasten tightly at one end of a string with length 1 and can swing in any direction. In fact, it moves on a sphere, a subspace of R3 1 0 φ g 2.1 Use the spherical coordinates (1,0,) to derive the Lagrangian L(0,0,0,0) = T-U, namely the difference of kinetic energy T and potential energy U. (Note r = 1 is fixed.) 2.2 Calculate the Euler-Lagrange equations, namely...
Carlsberg in Emerging Markets A breeze of optimism blew through the office of Carlsberg A/S’s CEO,...
Carlsberg in Emerging Markets A breeze of optimism blew through the office of Carlsberg A/S’s CEO, Jørgen Buhl Rasmussen. After finally gaining 100 percent control over the giant Russian brewery Baltic Beverages Holding (BBH), and with the investments in Western China beginning to bear fruit, the newly appointed CEO was confident that the Danish brewing company’s intensified focus on emerging markets would pay off. The company was counting on tapping the massive potential in emerging markets in order to achieve...
What should Ajanta do about its recent order from SF? AJANTA PACKAGING: KEY ACCOUNT MANAGEMENT Sandeep Puri and Rakesh Singh wrote this case solely to provide material for class discussion...
What should Ajanta do about its recent order from SF?
AJANTA PACKAGING: KEY ACCOUNT MANAGEMENT Sandeep Puri and Rakesh Singh wrote this case solely to provide material for class discussion. The authors do not intend to iustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality This publication may not be transmitted, photocopied, digitized, or otherwise reproduced in any form or by any means without the...
Using the book, write another paragraph or two: write 170 words: Q: Compare the assumptions of...
Using the book, write another paragraph or two: write 170
words:
Q: Compare the assumptions of physician-centered and
collaborative communication. How is the caregiver’s role different
in each model? How is the patient’s role different?
Answer: Physical-centered communication involves the specialists
taking control of the conversation. They decide on the topics of
discussion and when to end the process. The patient responds to the
issues raised by the caregiver and acts accordingly. On the other
hand, Collaborative communication involves a...
1. According to the paper, what does lactate dehydrogenase (LDH) do and what does it allow...
1. According to the paper, what does lactate dehydrogenase
(LDH) do and what does it allow to happen within the myofiber? (5
points)
2. According to the paper, what is the major disadvantage of
relying on glycolysis during high-intensity exercise? (5
points)
3. Using Figure 1 in the paper, briefly describe the different
sources of ATP production at 50% versus 90% AND explain whether you
believe this depiction of ATP production applies to a Type IIX
myofiber in a human....
3. On the first day of class we played the beauty contest in which n players submitted a number in the interval [0, 10 and the player closest to won (with ties broke by randomization). Here š denotes the average strategy played 3 (a) What strategies survive iterative deletion of strictly dominated strategies? (b) What are the Nash equiliburia of the game?
Exercise 3: In class we discussed the Nash Equilibrium solution concept and how it is useful to eliminate non-rational behavior, but with the disadvantage of not necessarily leading to a unique solution. One possible refinement that can be considered is the following: "If more than one Nash Equilibrium exist, but one of them makes every player better off than under the other Nash Equilibria, then surely that is the Nash Equilibrium that will be played." Consider playing the following simultaneous...
Recall how we saw in class that if we add a total time derivative of a function g(g; t) on configuration space to the Lagrangian then the equations of motion were unaffected, i.e. the new Lagrangian gives the same Euler-Lagrange equations as the original Lagrangian L. The reason this worked was that the action only shifted by a boundary term, which doesn't affect the extremization procedure We have also seen that if q is a cyclic coordinate, meaning aL/aq0, then...
1. Consider the coupon game. But suppose that instead of
decisions being made simultaneously, they are made sequentially,
with Firm 1 choosing first, and its choice observed by Firm 2
before Firm 2 makes its choice.
a. Draw a game tree representing this game.
b. Use backward induction to find the solution. (Remember that
your solution should include both firms’ strategies, and that Firm
2’s strategy should be complete!)
2. Two duopolists produce a homogeneous product, and each has a...
2. Consider a mass m moving in R3 without friction. It is fasten tightly at one end of a string with length 1 and can swing in any direction. In fact, it moves on a sphere, a subspace of R3 1 0 φ g 2.1 Use the spherical coordinates (1,0,) to derive the Lagrangian L(0,0,0,0) = T-U, namely the difference of kinetic energy T and potential energy U. (Note r = 1 is fixed.) 2.2 Calculate the Euler-Lagrange equations, namely...
What should Ajanta do about its recent order from SF?
AJANTA PACKAGING: KEY ACCOUNT MANAGEMENT Sandeep Puri and Rakesh Singh wrote this case solely to provide material for class discussion. The authors do not intend to iustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality This publication may not be transmitted, photocopied, digitized, or otherwise reproduced in any form or by any means without the...
Using the book, write another paragraph or two: write 170
words:
Q: Compare the assumptions of physician-centered and
collaborative communication. How is the caregiver’s role different
in each model? How is the patient’s role different?
Answer: Physical-centered communication involves the specialists
taking control of the conversation. They decide on the topics of
discussion and when to end the process. The patient responds to the
issues raised by the caregiver and acts accordingly. On the other
hand, Collaborative communication involves a...
1. According to the paper, what does lactate dehydrogenase
(LDH) do and what does it allow to happen within the myofiber? (5
points)
2. According to the paper, what is the major disadvantage of
relying on glycolysis during high-intensity exercise? (5
points)
3. Using Figure 1 in the paper, briefly describe the different
sources of ATP production at 50% versus 90% AND explain whether you
believe this depiction of ATP production applies to a Type IIX
myofiber in a human....
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